Today's News

Vancouver, BC, February 25, 2011--(T-Net)--OSI Geospatial Inc. (Toronto:OSI.TO) today announced that it will voluntarily delist its shares from the Toronto Stock Exchange and will commence trading on the TSX Venture Exchange effective at the opening of trading on February 28, 2011. The last day of trading on the TSX will be February 25, 2011. The Company will be classified as a Tier 1 Industrial Issuer on the TSXV, and its common shares will continue to trade under the symbol, "OSI" the Company's CUSIP number 67103T101 will also remain unchanged.

"It is the Board's view that transferring the Company's listing to the TSXV is beneficial to the Company and its shareholders," stated Ray Johnston, Chair of the Board of Directors of OSI Geospatial. "The Company meets all of the qualifications to list on Tier 1 of the TSXV, the exchange's premier tier reserved for its most advanced issuers, and believes that a listing on the less costly TSXV is appropriate given the Company's size, activities, market and financial model."

This press release contains forward-looking statements and information which reflect the current view of OSI Geospatial with respect to future events and financial performance. Any such forward-looking statements are subject to risks and uncertainties and OSI Geospatial's actual results of operations could differ materially from historical results or current expectations. Additional information on these and other potential factors that could affect OSI Geospatial's financial results are detailed in disclosure documents filed from time to time with the applicable Canadian securities regulatory authorities.

OSI Maritime Systems is a pioneer of Electronic Chart Display and Information Systems (ECDIS) and a leading provider of Integrated Navigation and Tactical solutions designed for naval and maritime security operations.